Procedural Lapse Curable

The Income Tax Appellate Tribunal, Ahmedabad, held that an otherwise eligible claim for deduction under Section 10AA of the Income-tax Act cannot be denied merely because the assessee's Chartered Accountant inadvertently filed Form 56G instead of the prescribed Form 56F. 

The Tribunal ruled that such an error is a curable procedural defect and directed the Assessing Officer to consider the corrected form and allow the deduction if the substantive statutory conditions are satisfied.